The Australian Securities and Investment Commission has granted approval for Raiz to offer its Bitcoin investment retail fund. Raiz can now go ahead with its planned launch of the product before the end of the Q2 of 2020. Once launched, the Raiz Bitcoin investment retail fund will see 95% of customers’ investments placed in ETFs & 5% in Bitcoin.
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📜 DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice.
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